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Showing posts with label Corporate Services. Show all posts
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Tuesday, 3 May 2016

Tension at NNPC as Kachikwu disobeys President Buhari

Tension is now high at NNPC Towers, the headquarters of the Nigerian National Petroleum Corporation (NNPC), with the workers drawing the battle-line with the Minister of State for Petroleum Resources and Group Managing Director of the NNPC, Dr. Ibe Kachikwu, over the extension of retirement dates for two NNPC directors sacked last year.

A report this morning in Daily Trust said Kachikwu’s action is a direct contradiction of a clear directive from President Muhammadu Buhari, who doubles as the Minister for Petroleum Resources.

According to the report, following a request by Dr. Kachikwu to President Buhari to reconstitute the Executive Management of NNPC, the President in August 2015 approved, among other things, the disengagement of all the eight NNPC Group Executive Directors (GEDs).